A new regulatory storm is forming, and this time it’s not cryptocurrency, but prediction markets. Just as digital assets once ...

On October 24, New York's gaming commission ordered Kalshi to shut shop. Kalshi says the CFTC, not state authorities, ...

Prediction market Kalshi filed a lawsuit against a New York state regulator after it was ordered to stop offering ...

Kalshi, a federally regulated trading platform for event contracts, has sued the New York State Gaming Commission after the ...

Kalshi sues New York over sports prediction market shutdown, claiming federal derivatives authority preempts state gambling ...

Kalshi argues that the CFTC has exclusive jurisdiction over derivatives on federally regulated exchanges, and state ...

Trump Media launches Truth Predict with Crypto.com, expanding Truth Social into regulated prediction markets; DJT stock gains ...

On Polymarket, which is not open to US residents, an overwhelming majority of bets in favor of a Zohran Mamdani victory are ...

New York became the latest state to start a legal fight with Kalshi after the regulators sent a cease-and-desist letter to ...

As crypto-based prediction services attract a flood of attention and capital, the US president’s social media platform has ...

By suing first, Kalshi controls the narrative to focus on federal preemption rather than contract legality, Decrypt was told.

Event-betting platform Kalshi has sued New York state regulators for overreach, staging a preemptive strike weeks after Crypto.com lost a similar case in Nevada.